reprint of DBJ – Nov. 1, 2016 What makes for a great locale in which to open a small business or franchise? Is it the family friendliness and schools? Or maybe walkability? Maybe it’s just the vibe and sense of community. Those are a few of the factors that franchisees registered with Welcomemat Services think…
With 110 attendees participants, this was a very exciting NCE conference. Over the course of three days, 312 properties were presented totaling $750,511,960 in value. Attendees came from 23 states presenting and looking for exchange deals for their clients. Properties ranged from a 1 acre lot to multi-million dollar commercial and residential properties. If…
Tony and another 110 people enjoyed an evening of conversation and libations after a day spent in class. What could be better than a cold one after increasing their knowledge of Creative Real Estate Profits and Financing taught by the extremely knowledgeable Chuck Sutherland
During the recent National Council of Exchangors conference in Las Vegas, Chuck Sutherland taught a class on Creative Real Estate Profits. Mr. Sutherland has been involved in the successful development of single and multi-family residential, commercial, retail, industrial, hospitality, and mini-storage projects. As either an investor/developer or consultant, Mr. Sutherland has participated in the completion…
The Denver City Council recently passed an ordinance creating the City’s first ever dedicated affordable housing fund, which is paid for by development impact fees and a property tax mill levy. ICSC along with other business groups opposed the new development impact fees. January 1, 2017 is the effective date for the new impact fees, which…
We sometimes get outside for some good old fashion fun. Every year the Mile High Exchangors throw a shrimp boil If you’ve never been to a shrimp boil, it is a lot of fun. You stand around a long table and then they throw the shrimp, sausage, corn and potatoes down the table. Everybody…
The Western Investor Network Brokers recently attended the 2016 Colorado Real Estate Journal’s Industrial Summit & Expo. Take aways from the conference are: Broker Update Class “A” space for lease on the I-70 “east” corridor is hot! With just 2% vacancy, solid absorption, and lease rates averaging $5.15 PSF. High profile industrial parks that…
Tony and Matt, attended a luncheon put on by the Colorado/Wyoming CCIM chapter today. The topic of discussion – development of the Regatta Plaza. Regatta Plaza, located at I-225, Parker and Peoria – across from the Nine Mile RTD FasTrack station, will undergo a total redevelopment. The Regatta Plaza has effectively been vacant for 10…
On Tuesday Tony and several other brokers from the office attended the Colorado Real Estate Journal’s Land and Development Conference. They came away with some interesting information on what’s upcoming for the Denver Metro area. As you probably suspected based on the housing shortage around Denver, there is an estimated need for approximately…
Majestic Realty Co. will break ground on Colorado’s largest-ever “single-phase” industrial development, 834,580 square feet in three buildings according to a recent article in Denver Business journal. With the market’s need for industrial space, this addition is a welcome move. The industrial sector hit record-low vacancies the end of 2015 and early 2016 …